Bank of England expected to leave interest rates on hold; UK unemployment falls – business live
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Policy
Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
Property sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East forced a dramatic slowdown in one of the world’s most expensive real estate markets.
NHS patients face worst drug shortages on record, say pharmacists and GPs
Britons are facing some of the “most severe” shortages of NHS medicines on record including common painkillers, epilepsy drugs and HRT, health leaders have warned, even forcing some patients with impaired digestive syst…
Warsh to review how Fed works after holding US interest rates at first meeting
The Federal Reserve held US interest rates between 3.5% and 3.75% after Kevin Warsh's first meeting in charge of the central bank.
Titan sub: design flaws and company groupthink central to catastrophe, report finds
Canadian officials find structural defects in material used for hull and say firm failed to fully test ‘novel’ design
Federal Reserve holds interest rates steady for fourth time this year
The US Federal Reserve left interest rates unchanged for the fourth time this year after its first meeting under new chair, Kevin Warsh, a Donald Trump appointee who has taken over the central bank during a tumultuous t…
Federal Reserve issues FOMC statement
The Federal Open Market Committee approved the following statement for release by a 12 â 0 vote:
Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting
The June FOMC Minutes reinforced the Fed’s cautious approach as policymakers unanimously agreed to maintain interest rates unchanged while keeping a close eye on inflation risks.
The Guardian view on Britain and the EU: Ed Davey is right – a changed world changes the argument | Editorial
Membership of the European single market was at stake when the UK voted on Brexit, but it was not the decisive question in the campaign. The leave campaign dishonestly promised a cost-free severance of ties with Britain…
I once protested against the G7. I feel no need now, because it’s collapsing all by itself | Zoe Williams
When 200,000 protesters gathered to meet the G8 summit in Genoa , 25 years ago, their point (our point, in fact; I went on a coach, it took two and a half days) was that eight rich nations shouldn’t dictate the rules to…
Index-linked Treasury Stock
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Protesters to rally against World Cup sponsor Hyundai before Mexico game
Hyundai will be targeted by protesters at a rally before the Group A game between Mexico and South Korea in Guadalajara on Thursday, due to the World Cup sponsor’s business dealings with the South American mining compan…
Labour came to power with no big idea for relations with EU, says former top diplomat
Ivan Rogers, Britain’s EU ambassador from 2013 to 2017, says party’s ideas did not ‘remotely measure up’ to challenge
Surprisingly benign UK inflation data signals a softer Iran war hit than feared
War’s impact on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc
What is happening to UK prices?
Inflation in the UK was 2.8% in the year to May, according to new figures from the Office for National Statistics.
Announcement of the publication of the Governor's interview transcript
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UK social media ban ‘likely to cause £1.3bn drop’ in digital advertising spend
Brands are expected to cut more than £1bn of digital advertising spending due to the UK’s ban on social media for under-16s, with streaming services tipped to benefit as advertisers try to reach large audiences of teena…
UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – business live
Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese
UK inflation stays steady at 2.8% despite Iran conflict driving up fuel prices
UK inflation unexpectedly remained at 2.8% last month as higher transport and fuel costs were offset by slower food price rises, official figures have shown.
‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals
As bosses ridicule the chancellor’s scheme, one venue is offering a £25 ‘kids’ menu of snails and anchovy butter toast
Capital gains tax: more people have to pay, so here’s what you need to know
The rules have changed and more taxpayers are being pulled into the net, not only the wealthy
Fashion tycoon Bernard Arnault accused of stranglehold over French business press
He is known as the “wolf in cashmere” – the owner of the world’s biggest luxury group whose brands including Louis Vuitton, Dior and Tiffany have made him one of the world’s richest people.
John Lewis injects £20m into Glasgow city centre store in wider branch reboot
Upgrade to Buchanan Galleries part of £50m spend this year and £800m by 2029 to revive appeal of department stores
Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why
Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful